2020-11-16T17:09:01-06:00 2019-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2019-01-01 841531066 ALLIANCE FOR CHOICE IN EDUCATION ALLI 3035731603 1201 EAST COLFAX AVENUE SUITE 302 DENVER CO 80218 GINA DIMATTEO CFO 3035731603 2020-11-14 1 RYAN C HARRIS P00614618 3037409400 2020-11-14 71.218.244.155 2020-11-14 13:19:11 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 321DDE24B35CC1D1467AEA03569F7C6B0A555C82 2019 2021-01-29 14:40:06Z ACE SCHOLARSHIPS NORTON RAINEY 1201 EAST COLFAX AVENUE SUITE 302 DENVER CO 80218 31323565 0 X WWW.ACESCHOLARSHIPS.ORG X 2000 CO THE ORGANIZATION'S MISSION IS TO PROVIDE LOW-INCOME FAMILIES WITH THE POWER OF EDUCATION CHOICE. 12 12 41 60 0 0 38802729 30930283 0 0 16628 159160 -163949 -163540 38655408 30925903 24617637 18987570 0 0 4300735 4270456 0 0 3623230 1805632 2924748 30724004 26182774 7931404 4743129 36767087 42275327 9879349 10939136 26887738 31336191 X THE ORGANIZATION'S MISSION IS TO PROVIDE CHILDREN OF LOW-INCOME FAMILIES WITH SCHOLARSHIPS TO PRIVATE SCHOOLS IN GRADES K-12 AND TO ADVOCATE FOR EXPANDED SCHOOL CHOICE. 0 0 21709538 18987570 ACE ADMINISTERS TWO SCHOLARSHIP PROGRAMS: A PRIVATELY FUNDED PROGRAM IN COLORADO, MONTANA, KANSAS, TEXAS, WYOMING, ARKANSAS, AND MISSOURI, AND A TAX-CREDIT SCHOLARSHIP PROGRAM IN LOUISIANA AND KANSAS (SGO). SEE SCHEDULE O.ACE'S PRIVATE PROGRAM AWARDS SCHOLARSHIPS TO CHILDREN FROM LOW-INCOME FAMILIES WANTING PRIVATE SCHOOLING FROM KINDERGARTEN TO HIGH SCHOOL. LOW-INCOME IS DEFINED IN ACCORDANCE WITH THE FEDERAL POVERTY GUIDELINES. POLICIES AND PROCEDURES ADMINISTERING THE PRIVATE SCHOLARSHIP PROGRAM ARE REVIEWED AND APPROVED BY THE ACE PROGRAM COMMITTEE. ACE ALSO SERVES AS A STATE-APPROVED SCHOOL TUITION ORGANIZATION IN THE LOUISIANA TUITION DONATION TAX CREDIT PROGRAM AND AWARDS SCHOLARSHIPS TO QUALIFIED STUDENTS IN ADHERENCE TO STATE STATUTES AND RULES AND REGULATIONS PUBLISHED BY THE LOUISIANA DEPARTMENT OF EDUCATION.IN 2017, ACE REGISTERED AS A SCHOLARSHIP GRANTING ORGANIZATION (SGO) WITHIN KANSAS' TAX CREDIT PROGRAM AND BEGAN DISTRIBUTING SCHOLARSHIPS IN 2018. 21709538 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 11 0 1 41 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X GINA DIMATTEO 3035731603 1201 EAST COLFAX AVENUE SUITE 302 DENVER CO 80218 ANNE MCCARTHY DIRECTOR 1.00 X 0 0 0 CHRIS SMITH DIRECTOR 1.00 X 0 0 0 GEOFF BAILEY CHARIMAN 1.00 X X 0 0 0 JERRY SOMMER DIRECTOR 1.00 X 0 0 0 JOE SMITH DIRECTOR 1.00 X 0 0 0 LINDSAY BROWN DIRECTOR 1.00 X 0 0 0 LIZ WRIGHT DIRECTOR 1.00 X 0 0 0 MATT TURNER DIRECTOR 1.00 X 0 0 0 MIKE WARD DIRECTOR 1.00 X 0 0 0 SERGIO GUTIERREZ SECRETARY 1.00 X X 0 0 0 SUSAN GIANFORTE DIRECTOR 1.00 X 0 0 0 TOM ZANECCHIA TREASURER 1.00 X X 0 0 0 ALEX CRANBERG CHARIMAN EMERITUS 1.00 X X 0 0 0 NORTON RAINEY PRESIDENT & CEO 40.00 X 404769 0 37154 JONATHAN TEE CHIEF OPERATING OFFICER 40.00 X 290694 0 36569 GINA DIMATTEO CHIEF FINANCIAL OFFICER 40.00 X 211352 0 33468 JOHN OLIVER CHIEF PROGRAM OFFICER 40.00 X 174431 0 31762 PHILLIP SMITH CHIEF MARKETING OFFICER 40.00 X 151187 0 33628 ARTHUR DUPRE VP OF DEVELOPMENT, LOUISIANA 40.00 X 284702 0 38695 TRENT WIESEN VP OF DEVELOPMENT, CO, MT, AND WY 40.00 X 158185 0 30519 BRITTANI JOHNSON VICE PRESIDENT OF DEVELOPMENT, COLORADO 40.00 X 123164 0 9445 1798484 0 251240 8 0 1 0 0 4525951 26404332 362050 30930283 162253 162253 2956 6049 -3093 -3093 -3093 223200 4525951 391613 -168413 -168413 MISC INCOME 900099 4873 4873 4873 30925903 0 0 -4380 116994 116994 18870576 18870576 1014003 274111 385429 354463 2612323 1105889 163856 1342578 132591 54070 13462 65059 309987 131366 32449 146172 201552 75919 28613 97020 5278 5278 36003 36003 139080 139080 255014 240938 14076 1501228 252111 1249117 105386 42267 11479 51640 147394 72727 23579 51088 163003 74509 23560 64934 204099 80048 7087 116964 74347 31555 12442 30350 78142 40462 13395 24285 20927 11258 3762 5907 COMMUNITY OUTREACH 65760 65760 129087 29898 75536 23653 26182774 21709538 850006 3623230 1998324 2757612 25498599 29784683 8816952 9455744 314784 185901 350680 284624 137885 66056 543 25331 36767087 42275327 1038476 1479281 8840873 9459855 9879349 10939136 X 27399 2918589 26860339 28417602 26887738 31336191 36767087 42275327 X 4743129 57046 -351722 X 0 1 X 1 0 X 10483219 14062604 25811438 38826108 30930283 120113652 10483219 14062604 25811438 38826108 30930283 120113652 14989150 105124502 7829 10737 7138 16018 162253 203975 4873 4873 120322500 0.87370 0.87240 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 4,873. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19872 141971 161843 22397701 22559544 1000000 250000 0 0 720180 868796 1000000 1000000 3588976 5383464 50425 161843 212268 180045 217199 250000 250000 897244 1345866 13200 19872 33072 128494 94229 34265 166074 154930 11144 56112 35465 20647 66056 31375662 57046 1100 391613 449759 30925903 0 30925903 26927209 1100 743335 744435 26182774 0 26182774 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 391,613. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 391,613. LOSS FROM UNCOLLECTIBLE PROMISES TO GIVE 351,722. ANNUAL LUNCHEON 3577518 3465318 112200 85857 116366 1652 WOMEN'S LUNCHEON 566678 530903 35775 2853 3400 38391 16693 11651 2 604955 529730 75225 6100 56134 31220 21296 4749151 4525951 223200 2853 9500 180382 164279 34599 391613 -168413 1 DE LA SALLE BLACKFEET SCHOOL 204 1ST ST NW PO BOX 1489 BROWNING MT 59417 760723952 501(C)(3) 20000 MONTANA NATIVE AMERICAN SCHOOL INITIATIVE ST LABRE NATIVE AMERICAN SCHOOL 1000 TONGUE RIVER ROAD ASHLAND MT 59003 810244542 501(C)(3) 80000 ST. LABRE PRESCHOOL AT LAME DEER 2 SCHOLARSHIPS 7069 18870576 PART I, LINE 2: DONORS WHO GIVE RESTRICTED GIFTS FOR SPECIFIC ACE PARTNER SCHOOLS RECEIVE A LETTER FROM ACE EXPLAINING THAT, IF THE NEED ARISES AT ANY TIME OR THE BOARD OF DIRECTORS SEES FIT, ACE RESERVES THE RIGHT TO REDIRECT FUNDS FOR ANOTHER PROGRAM PURPOSE. DONORS ARE ASKED TO NOTIFY ACE IF THIS ARRANGEMENT IS NOT ACCEPTABLE. FOR STUDENTS IN ARKANSAS, COLORADO, KANSAS, MISSOURI, MONTANA, TEXAS, AND WYOMING: TO ASSIST RECIPIENTS WITH THE COST OF OBTAINING AN EDUCATION AT EITHER A PRIVATE OR PAROCHIAL SCHOOL (AS DEFINED IN SEC. 170(B)(1)(II)). THE SCHOLARSHIPS ARE ADVERTISED THROUGHOUT THE SCHOOL. SCHOLARSHIP RECIPIENTS ARE SELECTED THROUGH AN APPLICATION PROCESS, WHERE APPLICATIONS ARE SUBMITTED THROUGH THE SCHOOL THE STUDENT WISHES TO ATTEND. THE SCHOOL IS ALLOWED A SPECIFIC NUMBER OF SCHOLARSHIPS DEPENDING ON SEVERAL DATA POINTS DETERMINED BY ACE STAFF AND THE PROGRAM COMMITTEE. THE SCHOOL SELECTS THE STUDENTS TO SUBMIT APPLICATIONS. ACE STAFF THEN VERIFIES ELIGIBILITY. THE ACE PROGRAM COMMITTEE HAS FINAL AUTHORITY ON SCHOLARSHIP ALLOCATIONS. IN THE FALL AND SPRING, FOLLOWING CONFIRMATION OF STUDENT ENROLLMENT, PAYMENTS ARE MADE TO EACH SCHOOL VIA ELECTRONIC FUND TRANSFERS FOR THE TOTAL AMOUNT OF THE SCHOLARSHIP FUNDING FOR THAT SCHOOL. FOR STUDENTS IN LOUISIANA: ACE IS A STATE-APPROVED SCHOOL TUITION ORGANIZATION IN THE LOUISIANA TUITION DONATION CREDIT PROGRAM, AND AWARDS SCHOLARSHIPS TO QUALIFIED STUDENTS IN LOUISIANA IN ADHERENCE TO STATE STATUTE AND RULES AND REGULATIONS PUBLISHED BY THE LOUISIANA DEPARTMENT OF EDUCATION. THE SCHOLARSHIP CHECKS ARE WRITTEN TO THE STUDENT'S PARENTS ON A QUARTERLY BASIS. BEFORE SENDING THE CHECKS TO THE PARENTS, ACE CONFIRMS WITH THE STUDENT'S SCHOOL THAT THE STUDENT IS STILL ENROLLED. THUS, ACE IS ABLE TO ENSURE THAT THE SCHOLARSHIP FUNDS ARE USED FOR THEIR INTENDED PURPOSE. FOR STUDENTS IN KANSAS SGO: ACE IS A STATE-APPROVED SCHOLARSHIP GRANTING ORGANIZATION IN THE TAX CREDIT FOR LOW INCOME STUDENTS SCHOLARSHIP PROGRAM (2016 K.S.A.72-99A 01-07), AND AWARDS SCHOLARSHIPS IN ADHERENCE TO STATE STATUTE, RULES AND REGULATIONS PUBLISHED BY THE KANSAS STATE DEPARTMENT OF EDUCATION. IN THE FALL AND SPRING, FOLLOWING CONFIRMATION OF STUDENT ENROLLMENT, PAYMENTS ARE MADE TO EACH SCHOOL VIA ELECTRONIC FUND TRANSFERS OR CHECK FOR THE TOTAL AMOUNT OF THE SCHOLARSHIP FUNDING FOR THAT SCHOOL. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 NORTON RAINEY PRESIDENT & CEO 279613 0 125000 0 156 0 9300 0 27854 0 441923 0 0 0 JONATHAN TEE CHIEF OPERATING OFFICER 204413 0 85000 0 1281 0 11655 0 24914 0 327263 0 0 0 GINA DIMATTEO CHIEF FINANCIAL OFFICER 163196 0 45000 0 3156 0 13989 0 19479 0 244820 0 0 0 JOHN OLIVER CHIEF PROGRAM OFFICER 135596 0 35000 0 3835 0 9008 0 22754 0 206193 0 0 0 PHILLIP SMITH CHIEF MARKETING OFFICER 125953 0 25000 0 234 0 8714 0 24914 0 184815 0 0 0 ARTHUR DUPRE VP OF DEVELOPMENT, LOUISIANA 184570 0 100000 0 132 0 10800 0 27895 0 323397 0 0 0 TRENT WIESEN VP OF DEVELOPMENT, CO, MT, AND WY 126949 0 23096 0 8140 0 9565 0 20954 0 188704 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS MEMBERSHIP DUES TO A GOLF CLUB FOR NORTON RAINEY AND TRENT WIESEN. THE CLUB MEMBERSHIP IS USED BY MR. RAINEY AND MR. WIESEN FOR FUNDRAISING PURPOSES FOR ACE. IF THERE IS ANY PERSONAL USE OF THE CLUB MEMBERSHIP BY MR. RAINEY OR MR. WIESEN, THEY REIMBURSE ACE FOR THOSE COSTS. PART I, LINE 7 THE AMOUNT OF THE BONUS FOR THE PRESIDENT AND CEO IS DETERMINED AT THE DISCRETION OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS APPROVES A POTENTIAL BONUS POOL AS PART OF THE ANNUAL BUDGET. IF IT'S DECIDED THAT EMPLOYEE BONUSES WILL BE AWARDED, THEY ARE DETERMINED BY ACE'S EXECUTIVE TEAM. X 326950 FMV X EVENT CATERING, BEVERAGE OR SUPPORT 0 33185 FMV X EVENT TICKETS 0 1915 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FINANCE COMMITTEE REVIEWS THE FORM 990 IN DETAIL. THE BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY AND SIGNS A DISCLOSURE STATING THAT THEY HAVE READ, UNDERSTAND AND WILL COMPLY WITH THE POLICY. ANNUAL CONFIRMATIONS WITH THE BOARD ARE CONDUCTED. IF ANY CONFLICT EXISTS, THE BOARD MEMBER LEAVES THE MEETING WHILE THE ISSUE IS ADDRESSED AND RECUSES HIMSELF FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS PROVIDES A COMPREHENSIVE ANNUAL PERFORMANCE, GOAL AND COMPENSATION REVIEW OF THE PRESIDENT AND CEO. COMPENSATION IS DIRECTLY TIED TO GOAL ACHIEVEMENT AND IS BENCHMARKED AGAINST LIKE ORGANIZATIONS OF SIMILAR SIZE. THE BOARD OF DIRECTORS MAKES THE FINAL COMPENSATION DETERMINATION AND ISSUES A LETTER THAT OUTLINES ANY ACTIONS OR CHANGES APPROVED BY THE BOARD. THIS LETTER IS PLACED IN THE PRESIDENT AND CEO'S EMPLOYEE FILE. FORM 990, PART VI, SECTION C, LINE 19 AT ITS DISCRETION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS FROM UNCOLLECTIBLE PROMISES TO GIVE -351,722. ACE SCHOLARSHIPS LOUISIANA 1201 E COLFAX AVE 302 DENVER CO 80218 471533890 EDUCATION LA 7144283 17211837 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS KANSAS 1201 E COLFAX AVE 302 DENVER CO 80218 813539170 EDUCATION CO 809339 630503 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS MONTANA 1201 E COLFAX AVE 302 DENVER CO 80218 813502397 EDUCATION CO 2207239 1877147 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS COLORADO 1201 E COLFAX AVE 302 DENVER CO 80218 813521769 EDUCATION CO 9833946 11431820 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS TEXAS 1201 E COLFAX AVE 302 DENVER CO 80218 820652790 EDUCATION CO 2590688 2188672 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS WYOMING 1201 E COLFAX AVE 302 DENVER CO 80218 814044609 EDUCATION CO 1308867 1927712 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS MISSOURI 1201 E COLFAX AVE 302 DENVER CO 80218 821829357 EDUCATION CO 506688 514325 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS SGO KANSAS 1201 E COLFAX AVE 302 DENVER CO 80218 822440191 EDUCATION CO 326048 737916 ALLIANCE FOR CHOICE IN EDUCATION ACE SCHOLARSHIPS ARKANSAS 1201 E COLFAX AVE 302 DENVER CO 80218 825366674 EDUCATION CO 1124807 840727 ALLIANCE FOR CHOICE IN EDUCATION